Japan's government is not considering compiling a fresh economic stimulus package as it focuses on passing the fiscal 2022 budget through parliament, Finance Minister Shunichi Suzuki said on Friday. ( read original story ...)
Japan’s Household Spending Falls Amid Fears of Economic Setback
Japan’s household spending fell in January, as consumers held back on spending during the rapid spread of the omicron variant and renewed restrictions on activity, adding to the risk that the economy ... ( read original story ...)
Hedge Funds Are Finally Finding Love for Bitcoin and Crypto
Some of the largest hedge funds are reportedly increasing their holdings in cryptocurrencies. The list includes names like Brevan Howard Asset Management LLP and Tudor Investment ... ( read original story ...)
Crypto poses serious 401(k) risks, Biden administration warns
The U.S. Department of Labor warned employers that they could breach their legal duties by adding crypto investments to 401(k) plans. ( read original story ...)
Crypto tax software startup BearTax lands $3.2M
BearTax, a Seattle startup that helps cryptocurrency investors file taxes, raised a $3.2 million seed round led by Seattle VC firm Ascend. The company is led by Tela Andrews, a former product ... ( read original story ...)
Japan’s SBI Sumishin Net Bank to postpone $1.2 bln IPO
Japan's SBI Sumishin Net Bank Ltd said on Monday that it will postpone a planned $1.2 billion initial public offering (IPO) scheduled for this month due to the market downturn triggered by the war in ... ( read original story ...)
Japan’s Hitachi to suspend Russia operations after Ukraine request -Nikkei
Japan's Hitachi decided on Thursday to suspend operations in Russia following a request from the Ukrainian government to do so, the Nikkei newspaper said.The company said in a statement on Thursday it ... ( read original story ...)
What Biden’s Crypto Policy Directive Means to Small Business
The executive order had no new policies or regulations. Instead, it ordered a first-of-its-kind government-wide collaborative study to research crypto and form recommendations ... ( read original story ...)
Biden’s executive order signals US crypto regulations are on horizon
US President Joe Biden signed a sweeping executive order on cryptocurrencies, signaling broader future oversight of the industry. ( read original story ...)
Crypto’s wealthy investors: Who they are
The study found that individuals involved with crypto, either as a founder or investor, have several characteristics that set them apart from the generally wealthy. ( read original story ...)
Japan grants $22.5 million aid to Nepal for drinking water project
Ambassador of Japan to Nepal, Kikuta Yutaka and Nepalese Ministry of Finance, Secretary, Madhu Kumar Marasini signed the documents, according to a press statement. ( read original story ...)
Why Most Crypto Backers Are Excited That the Biden Administration Is Wading Into Digital Currency
I am pretty darn optimistic about it,” says Alexis Ohanian, the co-founder of Reddit who is now a major investor in crypto technology. ( read original story ...)
Crypto industry on defensive as Ukraine crisis spotlights Russia sanctions compliance
Cryptocurrency evangelists are on the defensive amid warnings from U.S. and European lawmakers that digital asset companies are not up to the task of complying with Western sanctions imposed on Russia ... ( read original story ...)
‘Late to the game’: Despite Biden executive order, US lags other nations regulating crypto
The US joined the growing list of nations trying to regulate cryptocurrency with the executive order Biden signed, well behind other countries. ( read original story ...)
Japan’s SBI Sumishin Net Bank said to postpone planned IPO
Japan's SBI Sumishin Net Bank Ltd has decided to postpone an IPO due to bearish sentiment stemming from the war in Ukraine. ( read original story ...)
Japan’s MUFG Bank floats $300m fund to invest in Indian startups
MUFG Bank will invest in middle- to late-stage Indian startups, and drive collaboration with promising companies in areas of tech and IT. ( read original story ...)